Galilee Energy Limited · ASX:GLL
Galilee Energy — AusIMM November 2010
27 slides from Galilee Energy's conference presentation, Nov 25, 2010
Slide 1: The Development of the Takitimu Mine
For personal use only The Development of the Takitimu Mine AUSIMM - November 2010 Sam Aarons – General Manager, Corporate Hamish McLauchlan – Senior Geologist 1 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation may contain forward looking statements that are subject to risk factors associated with mining production and exploration businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a var
Slide 3: Eastern Resources Group Limited
Eastern Resources Group Limited Subsidiary of Galilee Energy Limited For personal use only Two operating mines Cascade – MP 41455 Takitimu – ML 37079 Potential export coking coal Whareatea West – EP 40591 Extension of Takitimu Resource Ohai – EP 51260 Thermal coal deposit Albury – PP 52484 Coal Hand
Slide 4: History of Takitimu Mine
History of Takitimu Mine For personal use only Coal discovered 1867 Ni ht Nightcaps Mine Mi 1881 – 1921 Underground – 1.3 million tonnes Coall & EEnergy, M C Marnane G Group, Straith Industries 1982 ‐ 2006 Open cast ‐ ~350k tonnes ~ 15k ttonnes per annum Takitimu Coal September 2006 Contractor C t t
Slide 5: Original Workings
For personal use only 5 Original Workings
Slide 6: Before
For personal use only 6 Before
Slide 7: And after
For personal use only 7 And after
Slide 8: Eastern Resources Group Limited
EASTERN RESOURCES GROUP LIMITED
Slide 9: Plant Upgrades
For personal use only 9 Plant Upgrades
Slide 10: Primary Crusher
For personal use only 10 Primary Crusher
Slide 11: Processing Plant
For personal use only 11 Processing Plant 11
Slide 12: Rail Loadout Facility
Rail Loadout Facility For personal use only 12
Slide 13: Train Loading
For personal use only 13 Train Loading
Slide 14: Community & Environment
Community & Environment For personal use only CDA Meetings Mining Liaison Committee Dust Suppression Systems TSP Monitor Compliant with all consents 14
Slide 15: Community & Environment: Dust Suppression Systems
Community & Environment For personal use only Dust Suppression Systems • Fully automated start up based on wind speed and rainfall. • Manual override via SMS • Real time updates sent out by SMS • 32 sprinklers covering ROM, haul roads and processing areas 15
Slide 16: Rehabilitation
For personal use only 16 Rehabilitation
Slide 17: Coaldale
Coaldale For personal use only • Area immediately North West of current operations • L Large areas off virgin i i coall • Feasibility study inc. Environmental Impact p Assessment ‐ Nov 2010 • Consents to be lodged end 2010 17
Slide 18: Nightcaps Area Geology
Nightcaps g p Area Geology gy For personal use only Current Operation C ld l Coaldale 18
Slide 19: Coaldale Exploration
Coaldale Exploration p For personal use only • 30 Drill holes‐ in the last 18 months as part of feasibility assessment . • Mixture of Hq cored and RC 19
Slide 20: North South Section
North South Section For personal use only 20
Slide 21: Coaldale Whittle Pit Optimisation
Coaldale Whittle Pit Optimisation For personal use only 21
Slide 22: Exploration Going Forward
Exploration Going Forward For personal use only • Target Stratigraphic units – Morley Coal Measures – Beaumont Coall Measures • Nightcaps g p is a veryy small part p of a large g system y of Cretaceous –Cenozoic basins/ sub‐basins • Looking for structurally favourable areas where coal measures are b
Slide 23: Generalised Stratigraphic Column - Ohai Coalfield
Generalised Stratigraphic Column ‐ Ohai Coalfield For personal use only Target Units unconformity 23
Slide 24: Angular unconformity between the Beaumont and Morley coal measures
Angular unconformity between the Beaumont and Morley coal measures For personal use only 24
Slide 25: Black Diamond Prospect
Black Diamond For personal use only Black Diamond • 660 k tonnes produced between 1915‐ 1952. Prospect • Most extraction by underground methods • UG development appears limited by thin interburden between multiple seams and shallow ground cover • Thick coal seams reported in UG mine Coaldale reports
Slide 26: OHAI - EP
OHAI ‐ EP 51 260 For personal use only • 7118 Ha held by Rochfort Coal (Eastern Resources subsidiary) • Covers significant portion of the Ohai Coalfield 26
Slide 27: The way ahead
The way ahead For personal use only Extend resource through ongoing exploration l ti Secure consents Ongoing Fonterra relationship Increase processing capacity New contracts Continued positive p cashflow to fund future development 27